Corner Storefront
For Sale
$548,000
168 N Main St, Colville, WA 99114
An open interior and fenced rear lot support a range of business configurations.
Property Size4,800 SF
Lot Size0.17 Acres
Price / SF$114.17
Days on Market16
Property Features for 168 N Main St
General Information
Standard status
Active
Size
4,800 SF
Lot size
0.17 Acres
Property subtype
Commercial
Additional Details
Corner Location
Yes
Building Details
Building Size
4,800 SF
Year Built
1970
Construction
block
Listing Agency:
Keller Williams Colville
(509) 684-1414
Listed By:
Darren Crossman · License #75777
(509) 675-0148
Source:
Ericksrealty
Added: Oct 13
Changed: Oct 25
Last Checked: Oct 26 at 3:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Colville
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Investment Insights
Based on property information with market context.
This 4,800-square-foot storefront building, constructed in 1970, has an open interior, wide display windows, block construction, and natural gas heat. The corner parcel measures 0.17 acres and includes a fenced area behind the building. Phase I and Phase II Environmental Site Assessments have been completed.
The property sits at Main and 2nd in downtown Colville, Washington, with frontage along Main Street.
The property sits at Main and 2nd in downtown Colville, Washington, with frontage along Main Street.
Key Highlights
- 4,800‑square‑foot building on a 0.17‑acre corner parcel
- Open interior with broad storefront windows
- Block construction and natural gas heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,805
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$996,100
$996.1K
Cap Rate 7%
$711,500
$711.5K
Cap Rate 9%
$553,389
$553.4K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$77.8K $16.20/SF
− Vacancy
−$6.6K −$1.38/SF
EGI
$71.2K $14.82/SF
− OpEx
−$21.3K −$4.45/SF
NOI
$49.8K $10.38/SF
Area
Stevens County, WA
Vacancy
8.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$996,100
Cap Rate 7%
$711,500
Cap Rate 9%
$553,389
Alternative Uses
Best Use
Retail
$711.5K
$622.6K – $830.1K
NOI $49,805 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,688 @ 7.0% cap · market cap 15.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
801
Businesses Nearby
64k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Groceries 35%
Home Improvements & Furnishings 8%
Apparel 5%
Safeway
Groceries
22,259 visits/mo
0.2 miles
Chevron
Shops & Services
10,767 visits/mo
0.3 miles
True Value
Home Improvements & Furnishings
5,019 visits/mo
0.3 miles
FedEx Office Print & Ship Center
Shops & Services
4,246 visits/mo
0.2 miles
Les Schwab Tire Center
Shops & Services
4,080 visits/mo
0.3 miles
Demographics for 99114, WA
12,649
Population
6,154
Households
2.1
Avg Household Size
49
Median Age
23%
College-Educated
91%
High-School Grad
718.5 sq mi
ZIP Area
18
Density / Sq Mi
$61,891
Median Household Income
$45,164
Median Earnings
$916
Median Rent
$268,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - An open interior and fenced rear lot support a range of business configurations.
Where is this storefront property located?
The property is located at 168 N Main St Colville, WA.
What is the asking price?
The asking price for this property is $548,000.
What are key features of this property?
This property features: 4,800‑square‑foot building on a 0.17‑acre corner parcel; Open interior with broad storefront windows; Block construction and natural gas heat
